An Insight into a fantastic investment opportunity we have in Preston city centre, overlooking the magnificent Georgian Winckley Square.
Our investment consultant Michael Johns discusses this fantastic opportunity located directly in the city centre of Preston with views over the historic Winckley Square. Currently undergoing a £1m redevelopment, Winckley House is the perfect solution for young professional tenants working in the city, with all local amenities right on its doorstep. The apartments are situated a five-minute walk from the train station (35 minutes to Manchester), award-winning Miller Gardens and the city centre, with its huge selection of bars, restaurants and shops just a short walk across the Winckley Square gardens.
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Please see below the full transcript of the video:
Hi, I’m Michael Johns, Residential Estates.
I’m here in Preston City Centre, although it doesn’t really look too much like a city centre. We’re here at Winckley Square, which is a beautiful park right in the centre of the city, only yards away from the shops and the high street.
We have got two developments that we sell here, too my right; Guild House. And to my left; Winckley House.
Winckley House here has ninety-two apartments, one, two- and three-bedroom apartments starting off at £70,500 for a studio, up to £90,000 for a one bed and £112,500 for a two bed.
Guild House again has one, two- and three-bedroom apartments, we only have the studios, one bedroom and two-bedroom apartments left for sale. Our one beds start from £88,000. The studio apartments are around £66,000 and the two beds are around £112,000.
50,000 businesses generating £28 billion a year for the UK economy. It’s huge for growth and not only one of the biggest hotspots and most asked abouts areas in the industry at the moment.
Preston is well connected with four motorways, very close to two main airports; Liverpool and Manchester. It has a great industry with aerospace it’s the fourth biggest aerospace cluster in the world. The largest in the UK.
The University of Central Lancashire, UCLan as it’s called. Is the fifth largest university in the UK. It has a £200 million master plan which is well under way, including a massive conversion of it’s engineering division. This will help make the university become the fourth largest in the UK, with a dramatic increase in numbers. Also, UCLan is the fifth largest employer in the North West of England.
The Ladson Group we have worked with now for several years, we have recently built the city suite’s in Chester with them. We manage them on corporate short term lets on a short-term basis, giving them yields as high as 12% - 14% NET for our investors.
Thankyou for taking the time to watch our video, please get in touch with us by calling us in the office on 01244 343355. Or email us at email@example.com or visit our website where you will see these amazing projects at www.residential-estates.co.uk , Thank you.